NSE Launches goBID
National Stock Exchange, or NSE, has introduced an online bid collection facility called 'goBid' for its members to enter bids of eligible retail investors. Trading members of the capital market segment are eligible to participate in non-competitive bidding through the e-Gsec platform. In November 2017, the Reserve Bank of India, or RBI, had permitted stock exchanges in to act as aggregators/facilitators in the facility of non-competitive bidding in government securities. The facility allows retail investors to participate on "non-competitive" basis in auction of Government of India Dated Securities (G-Sec) and Treasury Bills (TBills) conducted by the RBI.